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$CL /USDT 72.60 is the short side’s final line of defense?
$CL /USDT - Go short SHORT
Trading plan:
Entry: 71.41 – 71.63
SL: 72.60
TP1: 70.71
TP2: 70.18
TP3: 69.37
Why focus on this structure?
15-minute RSI 46.83 is bearish; the 4-hour EMA resistance is clear. At 71.52, price is 1.08 away from SL, with a risk-reward of 1:2+. The trend hasn’t turned bullish—short the bounce.
Discussion:
For this move, will it first reach TP1 70.71, or will it first sweep SL 72.60?